XML 61 R44.htm IDEA: XBRL DOCUMENT
v3.24.3

Employee Benefits (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Employee Benefits [Abstract] |
Schedule of Employee Benefits Liability | Employee benefits liability as of December 31, 2023, 2022 and 2021 are comprised as follows:
|  | Retirement benefits |  |  | Termination benefits |  |  | 2023 |  |  | 2022 |  |  | 2021 |
Vested benefits Obligation |  | $ | - |  |  | $ | 4,431 |  |  | $ | 4,431 |  |  | $ | - |  |  | $ | 3,390 |
Plus, Non-Vested Benefits Obligation |  |  | 82,267 |  |  |  | 98,476 |  |  |  | 180,743 |  |  |  | 169,375 |  |  |  | 159,453 |
Defined Benefits Obligation |  |  | 82,267 |  |  |  | 102,907 |  |  |  | 185,174 |  |  |  | 169,375 |  |  |  | 162,843 |
Projected Net Liability |  | $ | 82,267 |  |  | $ | 102,907 |  |  | $ | 185,174 |  |  | $ | 169,375 |  |  | $ | 162,843 |
Schedule of Net Cost for the Period Booked in Profit and loss | Net cost for the period booked in profit and loss is comprised as follows:
|  | Retirement benefits |  |  | Termination benefits |  |  | 2023 |  |  | 2022 |  |  | 2021 |
Service cost |  |  | 6,161 |  |  | $ | 9,045 |  |  | $ | 15,206 |  |  | $ | 10,998 |  |  | $ | 9,299 |
Net interest |  |  | 8,547 |  |  |  | 10,085 |  |  |  | 18,632 |  |  |  | 12,101 |  |  |  | 11,121 |
Labor cost of past services |  |  | (5,019 | ) |  |  | 2,491 |  |  |  | (2,528 | ) |  |  | (11,244 | ) |  |  | 1,806 |
Net Cost for the period |  | $ | 9,689 |  |  | $ | 21,621 |  |  | $ | 31,310 |  |  | $ | 11,855 |  |  | $ | 22,226 |
Schedule of Main Actuarial Hypothesis Used in the Actuarial Computations | Main actuarial hypothesis used in the actuarial computations are:
|  | 2023 |  |  | 2022 |  |  | 2021 |
Discount rate |  |  | 9.05 | % |  |  | 9.10 | % |  |  | 7.55 | %
Wage increase rate |  |  | 5.00 | % |  |  | 5.00 | % |  |  | 5.00 | %
Rate of salary increase |  |  | 4.50 | % |  |  | 4.50 | % |  |  | 4.50 | %
Schedule of DBO Amount Recorded in the Balance Sheet | The DBO amount recorded in the balance sheet as of December 31, 2023 and 2022 are $ 185,174, and $ 169,375, respectively.
|  | 2023 |  |  | 2022 |
Defined benefit obligations (DBO) changes in present |  | $ | 169,375 |  |  | $ | 162,843 |
DBO present value at January 1st |  |  | 169,375 |  |  |  | 162,843 |
Past services labor cost |  |  | (2,528 | ) |  |  | (11,244 | )
Current service labor cost |  |  | 15,206 |  |  |  | 10,998 |
Interest expense |  |  | 18,632 |  |  |  | 12,101 |
Paid benefits |  |  | (22,044 | ) |  |  | (9,229 | )
Actuarial gains and losses in obligations |  |  | 6,533 |  |  |  | 3,906 |
DBO present value at December 31st |  | $ | 185,174 |  |  | $ | 169,375 |
Changes in projected net liabilities |  |  |  |  |  |  |  |
Initial PNL |  | $ | 169,375 |  |  | $ | 162,843 |
Net cost for the period |  |  | 31,310 |  |  |  | 11,855 |
Paid benefits |  |  | (22,044 | ) |  |  | (9,229 | )
Previous years effect on profit and loss |  |  | 6,533 |  |  |  | 3,906 |
Final PNL |  | $ | 185,174 |  |  | $ | 169,375 |
Defined benefits obligations (DBO) |  | $ | 185,174 |  |  | $ | 169,375 |

X
- References No definition available. + Details
Name: | ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of defined benefit plans. [Refer: Defined benefit plans [domain]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2024-01-01 -Paragraph 138 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2024-en-r&anchor=para_138&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2024-01-01 -Paragraph 140 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2024-en-r&anchor=para_140_a&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a sensitivity analysis for significant actuarial assumptions used to determine the present value of a defined benefit obligation. [Refer: Actuarial assumptions [domain]; Defined benefit obligation, at present value] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2024-01-01 -Paragraph 145 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2024-en-r&anchor=para_145&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | simecb_ScheduleOfNetCostForThePeriodBookedInProfitAndLossTableTextBlock
Namespace Prefix: | simecb_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration